Tung Thih Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021
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Tung Thih Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,152.584 million compared to TWD 1,058.470 million a year ago. Operating income was TWD 214.944 million compared to operating loss of TWD 104.977 million a year ago. Net income was TWD 177.940 million compared to net loss of TWD 99.139 million a year ago. Basic earnings per share was TWD 2.08 compared to basic loss per share of TWD 1.16 a year ago.
Tung Thih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products and components. The Company's products include ultrasonic car auxiliary systems, vehicle alarms, door locked actuators, multi-function display indoor rear-view mirror systems, vehicle imaging systems, wireless tire pressure detection systems and body control modules (BCMs). The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, Americas and Europe.